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Phu Tho Tourist Service JSC (HSTC:DSP) Beta : N/A (As of Jun. 24, 2024)


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What is Phu Tho Tourist Service JSC Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-24), Phu Tho Tourist Service JSC's Beta is Not available.


Phu Tho Tourist Service JSC Beta Historical Data

The historical data trend for Phu Tho Tourist Service JSC's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Phu Tho Tourist Service JSC Beta Chart

Phu Tho Tourist Service JSC Annual Data
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Phu Tho Tourist Service JSC Semi-Annual Data
Beta

Competitive Comparison of Phu Tho Tourist Service JSC's Beta

For the Travel Services subindustry, Phu Tho Tourist Service JSC's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Phu Tho Tourist Service JSC's Beta Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Phu Tho Tourist Service JSC's Beta distribution charts can be found below:

* The bar in red indicates where Phu Tho Tourist Service JSC's Beta falls into.



Phu Tho Tourist Service JSC Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.


Phu Tho Tourist Service JSC  (HSTC:DSP) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)


Phu Tho Tourist Service JSC Beta Related Terms

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Phu Tho Tourist Service JSC (HSTC:DSP) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
15 Street No. 2, Lu Gia Residence, Ward 15, District 11, Ho Chi Minh, VNM
Phu Tho Tourist Service JSC is engaged in offering tourism products in Ho Chi Minh city such as CVVH Dam Sen; Vam Sat eco-tourism area; Ngoc Lan Hotel; Phu Tho hotel; Dam Sen Health & Entertainment Center, among others.

Phu Tho Tourist Service JSC (HSTC:DSP) Headlines